Product Description

Tells the story of how the author realised that the sub-prime housing bubble was going to burst, making $15 billion for his fund and more than $4 billion for himself in a single year.

Product Details

• Amazon Sales Rank: #14625 in Books
• Published on: 2010-07-29
• Original language: English
• Dimensions: .45 pounds
• Binding: Paperback
• 304 pages

Features

• New
• Mint Condition
• Dispatch same day for order received before 12 noon
• Guaranteed packaging
• No quibbles returns

Review
Simply terrific. Easily the best of the post-crash financial books (Malcolm Gladwell )

Greg Zuckerman was the first to tell the world about John Paulson's sensational trade . . . He's written the definitive account of a strange and wonderful subplot of the financial crisis (Michael Lewis, author of Liar's Poker )

A must-read for anyone fascinated by financial madness (Mail on Sunday )

A forensic, read-in-one-sitting book (Sunday Times )

Extraordinary, excellent (Observer )

Compelling (Economist )

Zuckerman takes us to Wall Street's heart of darkness, where mushroomed a $1 trillion subprime mortgage market that only the few, the brave, the smart dared short. This is at once a great page-turner and a great illuminator of the market's crash. (John Heylar, co-author of Barbarians at the Gate )

Much, much more than a brilliant account of Paulson's trade of the century; this book also provides a highly enjoyable and lucid journey through the analytical and emotional maze that constituted the financial markets on the eve of the Great Recession. Compulsory reading. (Mohamed El-Erian, CEO of Pacific Investment Management Co and author of When Markets Collide )

A magnificent insider look at how Paulson and others profited off of subprime's demise... insightful and gripping. (Marketfolly.com )

About the Author
Gregory Zuckerman is a senior writer at the Wall Street Journal, where he pens the 'Heard on the Street' column. He appears on CNBC-TV twice a week to explain complex trades. His team has won the New York Press Club Journalism Award and the Gerald Loeb Award for their coverage of the credit crisis.